Showing posts with label Inscription. Show all posts
Showing posts with label Inscription. Show all posts

Monday, October 26, 2009

Frist cry after crashing the market

Tonight I got a message from someone I don't know personally, but I knew that he was one of my competitors for some weeks.

He tells me that he is glad to buy my glyphs and to resell them 500% higher then I do and making a lot of money with them.

Well, first of all, he hasn't bought my glyphs so far (and I am still the cheapest), the second thing is, he doesn't sell any glyphs at the moment with a 500% profit.







For all of you who can't read/speak german: his german sucks. I don't know what he wants to tell me. He is buying my glyphs and reselling them for much more gold. So what? I made profit and he "want" to make profit with 50g glyphs in a 3g market. I looked into my BeanCounter and there was no sold glyph to him.

So what I can expect?

1. He knows something about buying/selling
2. He doesn't know the glyph market at all
3. He is one of the old competitors who are crying about the small profit of glyphs at the moment

Overall he is only a small crying fish in the big market of the AH and there is no need to fear anyone after such a stupid mail.

Saturday, October 24, 2009

Metatrons crashing the market

Kay guys. It happened earlyer than I thought, but this weekend I'll get rid of my competition!

After a slow week of sells cause of an AH camper (multiboxer posting with 3 chars at the same time), I was about to enrage. Only 3 sells over night, none sells over 7 hours from morning posts until lunch posts and the rest of the day I had to keep up with him every 20 minutes.

So I crashed the market. The first round was a 52g undercut to drive those high sell glyphs down. Threshold is 2g84s, fallback 5g. After the first round, I changed my undercut to 40s and postcap to 5 glyphs per round and I am holding 2,5k Glyphs at the AH (3,3k total at the AH), so I don't have to check every few hours my auctions.

With my new won time, I am going to farm some of my missing achievements for my warlock. Right now I am farming Ravenholdt rep to revered so that I can turn in Heavy Junkboxer from my farmer. If I get lazy on rep farming, I grind some HKs in Isle of Conquest for my 100k and Master of Isle of Conquest achievements.

Saturday, October 17, 2009

Reaching the firtst goal

First of all, I had a busy week so I couldn't post that much. So i give you a summary of my week so far.

I'm struggling around 206k gold right now with a 1k stock of ink left. A friend of mine started to farm herbs to make money and I told him to sell everything to me or he has to use it for himself. So he crafted 6 decks of nobles and other stuff and had a stock of 1,5k Ink over and he sold it to me for 35g.

So for this weekend I had a lot of Ink and I have setup my QA for the future cause of my big stock of glyphs. I have crafted a stack of 15 of every glyph I can craft. That costs me 2k Ink and 6 hours of crafting. It is just a pain to craft such a huge amount of glyphs in a row, but cause of preparing for the "Crash my server" strategy (posting 10 glyphs in a cycle of 48h hours at 3g threshold and 6g fallback) I need a big amount of glyphs.


I think I will reach my frist goal (goldcap) on monday or at least on tuesday and I am in week 7 of starting to make gold. If I keep this up until the addon will be released it can be something around 1kk (Zam I am coming!!!).


Something Off-Topic:
The new JMTC Channel is just awesome. It is a lot faster for talking about strategies to take over your AH, coding new features for your addons and make speculations for upcoming events. It is a lot of fun to talk about with people all over the world with the same passion to make gold.

I also started my way to achieve Insane in the Membrane. I bought 15 Pristine Black Diamond and some librams for Shen'dralar reputation.

Monday, October 12, 2009

Weekend summary

So weekend have come to an end and it was a great one. Overall I made a profit of 7,5k on my shaman and 2,5k on my glyph posting alt and in total 10k+.

Now it is time to craft my empty stacks of glyphs.

I craft 2 times a week, on Friday and on Monday. Friday for preperation for the weekend and Monday to craft my sold stocks after weekend. In the meantime I craft a stack of 10 of every glyph I can craft. Glyphs with a high demand to a stack of 14. But how do I know what are good glyphs and what are "not that good" glyphs?

Weekends can be used to find out what are hot and what are cold sales. So I sold completly out of DK minor glyphs (14 glyphs of Pestilence/Horn of Winter/Raise Dead). Cause of I know already that this glyphs are in high demand, so I got a good amount of them to relist them 4-5 times a day.

Then there are glyphs like Ice Block. You know there is always the possibility that someone who have no clue of his class will buy something cheap and maybe useful in his way of thinking. So it is necessary to keep every glyph in your stock. If you run out of glyphs you maybe miss sales and every sale is profit (most of the time).

So how can you use weekends to check the possibility of sales? A good way to do this is with Market Watcher
. This is a great Addon to check your market and how it is working (ups and downs over a week/month) and you can check your competition if they are undercutting you everytime you post your glyphs or they run out of stuck and are not crafting anymore. Test it out. It makes it a lot easyier to check your markets.

Saturday, October 10, 2009

Day 1

Okay lets start this weekend with some setup of my characters.

First of all, my Warlock is a non Trader. That means that I am not playing him at the moment cause of lazyness. So I am only on my shaman, my Glyph crafting machine.

On my shaman I got 150k gold, 4 Inscription Bags in my Bag and 5 Inscription Bags in my Bank. I start the morning with canceling all undercuts on my shaman, log onto my alt for checking the second glyph wave, so it takes some time to get rid of these penetrant competitors ^^





After that I scan the AH with MarketWatcher (Carbon at A Gnome's Conquest wrote an create articel about it yesterday) to check some of my major gold making glyphs, herbs and enchanting mats (this is the next market I want to dominate). Than a fast scan with auctioneer, checking for some cheap herbs or something else, crafting missing glyphs and the day could start with playing other wow stuff.

Since mmo-c released their guide, I got 2 more competitioner. They are undercutting for 1c and canceling/repost every hour (or 2 hours) so I have to make them go crazy. But at the moment there is no way for me to drive them out cause of my late investement in inscription. I am only at 83% recipes, so if I want to drive the market down to 5g for every glyph I can make, there is too much room for them to make money and they can undercut me. I will delay my crash for some weeks (maybe until I get my first goal) and researching the last glyphs over the next weeks.

Another point to crash the market, is that you have enough stock of every glyph, enough ink and your herb supplyer. After I saw that some competitors are raising, I told every herb seller at the AH to supply only for me. Not everyone was amused, but I got 3 supplyer. One is sending me herbs every 3 days everything he has for only 10g per stack (Icethorn, Lichbloom, Adders too), the other 2 guys are sending unregular and get 14g per stack. So if you want to dominate your server, watch out for everyone (supplyer and competitor).